In re Scott

525 B.R. 775, 2015 Bankr. LEXIS 511, 2015 WL 668086
CourtUnited States Bankruptcy Court, D. Oregon
DecidedFebruary 17, 2015
DocketBankruptcy Case No. 09-40830-rld7
StatusPublished

This text of 525 B.R. 775 (In re Scott) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, D. Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re Scott, 525 B.R. 775, 2015 Bankr. LEXIS 511, 2015 WL 668086 (Or. 2015).

Opinion

MEMORANDUM OPINION

RANDALL L. DUNN, U.S. Bankruptcy Judge

On December 15, 2014, the debtors, John Scott and Jacqueline Mazzuca (collectively, “the Mazzucas”), filed a total of eight motions to avoid judicial liens pursuant to 11 U.S.C. § 522(f) (collectively, “Lien Avoidance Motions”).1 The Mazzucas filed one motion to avoid the judicial lien of Wells Fargo Bank, N.A. (“Wells Fargo”) against their residence located at 10671 SW Clear St., Tualatin, OR (“Residence Lien Avoidance Motion”)(docket #70). The Mazzucas filed the remaining seven motions to avoid liens (docket # 69, #71, #72, #73, #74, #75 and #76) against rental real properties (collectively, “Rental Property Lien Avoidance Motions”) located in Sherwood, OR, Tigard, OR, Milwaukie, OR and/or Tualatin, OR. Of these seven motions, one motion was to avoid the judicial lien of Golf Savings Bank (“Golf Savings”),2 and the remaining six motions were to avoid judicial liens of Wells Fargo.

On January 20, 2015,1 held a hearing on the Lien Avoidance Motions. Following the hearing, I again reviewed the Lien Avoidance Motions and all supporting documents. I also have taken judicial notice of all relevant entries on the docket of the Mazzucas’ chapter 7 case for the purpose of ascertaining facts not reasonably in dispute. Federal Rule of Evidence 201; In re Butts, 350 B.R. 12, 14 n. 1 (Bankr. E.D.Pa.2006). In addition I have reviewed relevant legal authorities.

Based on that consideration and review, I will grant the Residence Lien Avoidance Motion but deny the Rental Property Lien Avoidance Motions with prejudice for the reasons stated on the record at the hearing and in this Memorandum Opinion. Following are my findings of fact and conclusions of law under Civil Rule 52(a), applicable with respect to this contested matter under Rules 7052 and 9014.

1. Relevant Facts

The Mazzucas filed their chapter 7 bankruptcy petition on December 29, 2009. [777]*777They filed their schedules and statement of financial affairs on January 12, 2010 (docket # 13). In their Schedule A and Schedule D, the Mazzucas listed their residence with a fair market value (“FMV”) of $585,000. They listed two secured claims against their residence, one held by Bank of America (“BOA”) in the amount of $463,000, and the other held by Chase Bank (“Chase”) in the amount of $150,000. In their original Schedule C, the Mazzucas claimed a $50,000 exemption in their residence under O.R.S. §§ 18.395 and 18.402 (“homestead exemption”).

The Mazzucas also listed in their Schedule A and Schedule D the following rental real properties:3

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They did not claim any exemptions in any of the rental real properties in their original Schedule C.4 The Mazzucas also did not list any judicial liens against any of the rental real properties in their Schedule D. They did not list Golf Savings in either their original Schedule F or their amended Schedule F (docket # 32), though they did list Wells Fargo with several general unsecured claims in their original Schedule F (docket # 13).

The Mazzucas received their discharge on April 20, 2010. Their chapter 7 case closed on April 15, 2011.

On December 1, 2014, the Mazzucas filed a motion to reopen their chapter 7 case (“Motion to Reopen”) (docket # 62) so that they could file the Lien Avoidance Motions. Two days later, an order was [778]*778entered (docket # 66) granting their Motion to Reopen.

On December 9, 2014, the Mazzucas filed an amended Schedule C (docket # 68). In their amended Schedule C, they reasserted their homestead exemption. They also claimed an exemption of $5 under O.R.S. § 18.845(1)(o) as to each of the rental real properties. The Mazzucas did not specify as to whether they claimed the exemption under the 2009 version of O.R.S. § 18.345(l)(o), the year in which they filed for bankruptcy, or the 2013 version of O.R.S. § 18.345(l)(o), the most current version of the statute.5

On December 15, 2014, the Mazzucas filed their Lien Avoidance Motions.6 They filed a lien avoidance motion as to their residence (docket # 70) and a lien avoidance motion as to each of the rental real properties (docket # 69, # 71, # 72, # 73, # 74, # 75 and # 76).

In them Residence Lien Avoidance Motion, the Mazzucas asserted that their residence had a FMV of $535,000. They alleged that there was a total of $613,000 owed to the senior lienholders, Bank of America ($463,000) and Chase ($150,000). Based on the FMV of and the senior hens against their residence, the Mazzucas contended that Wells Fargo’s judicial lien impaired their homestead exemption.

In all of the Rental Property Lien Avoidance Motions, the Mazzucas provided the FMV of the subject rental real property, as well as the amounts owed to the senior lienholder(s). See supra pp. 3-4. They asserted that the judgment lien(s) against the subject rental real properties impaired the exemptions they claimed under O.R.S. § 18.345(l)(o).

Given these circumstances, I scheduled and held a hearing on the Lien Avoidance Motions on January 20, 2015. At the outset of the hearing, I advised counsel for the Mazzucas that I would grant the Residence Lien Avoidance Motion on the ground that Wells Fargo’s judicial lien impaired their homestead exemption, as there was no equity available in the residence based on its FMV and the amounts owed to the senior lienholders.

I informed counsel for the Mazzucas that I would deny the Rental Property Lien Avoidance Motions with prejudice, however. I pointed out that, in their original Schedule C, the Mazzucas had appropriately claimed exemptions under the 2009 version of O.R.S. § 18.345(l)(o) for certain personal property assets (e.g., accounts receivable). But I noted that, in [779]*779their amended Schedule C, the Mazzucas claimed $5 exemptions in each of the rental real properties under the same statute, O.R.S. § 18.345(l)(o). I pointed out that the exemption under either the 2009 or the 2013 versions of O.R.S. § 18.345(l)(o) was inapplicable to the rental real properties because: 1) the exemption under the 2009 version of O.R.S. § 18.345(l)(o) applied to personal property only; and 2) the exemption under the 2013 version of O.R.S. § 18.345(l)(o) applied to a debtor’s rights to assets held in or right to receive payments under a medical savings account or health savings account as authorized under §§ 220 or 223 of the IRC.

Counsel for the Mazzucas explained that, in the past, he had used O.R.S. § 18.345(l)(o) to claim exemptions for rental properties. I stressed to him that the 2009 version of O.R.S. § 18.345(l)(o) cannot be used to exempt real property; by its terms, O.R.S. § 18.345(l)(o) can be used to exempt personal property only. I informed counsel for the Mazzucas that I would issue an opinion to clarify this point — that it was not within the language of the 2009 version of O.R.S. § 18.345(l)(o) to apply the exemption to real property.

At his request, I gave counsel for the Mazzucas the opportunity to submit a supplemental brief in support of the Rental Property Lien Avoidance Motions.

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Bluebook (online)
525 B.R. 775, 2015 Bankr. LEXIS 511, 2015 WL 668086, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-scott-orb-2015.